1677 Lucerne St
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1677 Lucerne St
3,415 SF 100% Leased Office Building Minden, NV 89423 $1,555,840 ($456/SF) 5.20% Cap Rate
Investment Highlights
- Well Located
- Well Maintained
- Easy Freeway Access
Executive Summary
3,415 SF
Credited Tenant:
Carson Tahoe Physician Clinics
Approximately 4 Years Left on NNN Lease
With 3% Annual Rent Increases
2-5 Year Options to Renew
Credited Tenant:
Carson Tahoe Physician Clinics
Approximately 4 Years Left on NNN Lease
With 3% Annual Rent Increases
2-5 Year Options to Renew
Property Facts
Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Property Subtype
Medical
Building Size
3,415 SF
Building Class
B
Year Built
2005
Price
$1,555,840
Price Per SF
$456
Cap Rate
5.20%
NOI
$80,904
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,415 SF
Building FAR
0.98
Land Acres
0.08 AC
Zoning
RC
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PROPERTY TAXES
Parcel Number | 1320-30-714-014 | Improvements Assessment | $226,722 |
Land Assessment | $20,300 | Total Assessment | $247,022 |
PROPERTY TAXES
Parcel Number
1320-30-714-014
Land Assessment
$20,300
Improvements Assessment
$226,722
Total Assessment
$247,022
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1677 Lucerne St
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